Key takeaways:
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Solana’s rebound from its weekly assist at $130 indicators a possible value restoration to $250.
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A rise in open curiosity and spot demand indicators the return of consumers into the market.
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Institutional demand for SOL rises with $390 million in cumulative ETF inflows, pushed by traders’ pleasure for future Solana ETF launches.
Solana (SOL) weekly chart means that SOL value could have fashioned a backside close to $130, a setup that might assist SOL value get well towards $250 within the weeks forward.
SOL’s market construction hints at a return to $250
SOL’s value motion since Nov. 11 has led to the looks of a V-shaped restoration sample on the four-hour chart. This follows a sharp drop that noticed SOL value fall 25% from a excessive of $173.
Bulls purchased the dip following this drop, leading to a pointy restoration to the present ranges. The relative energy index (RSI) has elevated to 50 from 28 since Nov. 13, indicating rising upward momentum.
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As the worth makes an attempt to finish the V-shaped sample, it might rise additional towards the sample’s neckline, situated across the $170 provide zone, representing a 22% climb from the present value.
Zooming out, the weekly chart reveals robust assist for the SOL/USD pair at $130, as proven beneath.
Earlier rebounds from this stage have triggered huge value rallies: a 108% improve to $265 from $127 between September 2024 and November 2024, and a 98% rally to $250 from $130 between June 2025 and September 2025.
If the identical state of affairs performs out, SOL might lengthen at present’s restoration to $250, representing an 80% improve from the present ranges.
You will need to observe that the RSI lately reached oversold circumstances in decrease time frames, ranges which have traditionally preceded vital value reversals.
As Cointelegraph reported, SOL value could rise towards the $180-$200 vary if the 20-day EMA at $160 is reclaimed at assist.
Spot and futures consumers are again
CoinGlass information reveals Solana’s futures open curiosity (OI) has elevated by 5% during the last 24 hours to $7.3 billion. Equally, perpetual funding charges (eight-hour) turned optimistic to 0.0059% from -0.0001% in tandem with the bounce in OI.
Rising OI and rising funding charges sign the return of demand in SOL’s futures market, setting the stage for a pointy reversal (quick squeeze) if longs are overcrowded and a catalyst emerges.
In the meantime, web taker quantity has flipped optimistic, indicating that extra consumers are stepping in at decrease ranges. Spot CVD is rising, highlighting that the restoration is each spot-driven and futures-driven, typically taken as a wholesome setup.
Traders improve publicity to Solana ETFs
Spot Solana exchange-traded funds (ETFs) continued to draw investor curiosity, recording their fifteenth straight day of inflows, underscoring institutional demand for the community’s native asset.
US-based SOL ETFs added $8.26 million on Monday, bringing cumulative inflows to $390 million and whole web property to over $513 million, per SoSoValue information.
VanEck’s Solana ETF launched on Monday, and lots of extra ETFs are anticipated to go reside over the following week, including to SOL’s tailwinds.
Extra information from Nansen reveals strengthening community metrics, together with an 18% improve in each day lively addresses and a 9.1% rise in each day transactions during the last 30 days.
As Cointelegraph reported, Solana’s robust onchain metrics and DApps income dominance trace at long-term energy, backing SOL’s upside.
This text is for basic info functions and isn’t meant to be and shouldn’t be taken as authorized or funding recommendation. The views, ideas, and opinions expressed listed below are the writer’s alone and don’t essentially replicate or characterize the views and opinions of Cointelegraph.
